Commodities
US Futures Climb as Oil Prices Drop Ahead of Trump-Xi Meeting
US futures are showing a positive trend as oil prices decline and investors await an expected meeting between US President Donald Trump and Chinese leader Xi Jinping this week in Washington. The discussion is likely to cover trade, artificial intelligence, and geopolitics.
Futures for the S&P 500 gained 0.7% on Monday, while those for the Dow Jones Industrial Average rose 0.8%. Nasdaq futures climbed 1.1%
Oil prices fell more than 3% Monday as vessel traffic and energy flows through the Strait of Hormuz picked up, although the Strait has remained largely closed.